Nursing Care Facilities Market: ZIP 51111
Opportunity Score
27
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 51111 is an urban area with moderate foot traffic. with a population of 48 and household incomes below the national median ($45,250).
Area Profile
48
Population
$45,250
Median Income
-39% vs. national
Urban
Area Type
12.5/20
Foot Traffic
Walkable
Median Age: 26.8 —
young market, strong street food demand.
College-Educated: 0.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,090
2BR Fair Market Rent
$1,016
Median Gross Rent
Tips for Starting a Elder Care Business in Iowa
- State licensing for assisted living takes 6-12 months and involves facility inspections, staffing plans, and background checks. Start early.
- Staffing is your #1 cost and #1 challenge. CNA turnover runs 50-75% annually in most markets. Budget for constant recruiting.
- Medicare and Medicaid reimbursement rates vary by state. Some states pay well. Others don't cover costs. Know your state's rates before committing.
- Start small. A residential care home (6-8 beds) requires far less capital than a 50-bed facility and lets you prove your model.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
vs. National Average
Median Income
-39% vs. $74,580
Walkability
+2.0 pts vs. national avg
Nearby Markets
68776
4.5 mi
Pop: 15,034
$68,686
Walk: 10.9
51054
4.8 mi
Pop: 5,596
$121,228
51101
5.2 mi
Pop: 1,077
$18,103
51106
6.3 mi
Pop: 28,381
$74,486
Walk: 12.2
51105
6.4 mi
Pop: 10,726
$46,940
Walk: 15.1
68731
6.9 mi
Pop: 3,691
$85,815
51103
8.0 mi
Pop: 17,145
$57,212
Walk: 15.0
51104
8.0 mi
Pop: 22,792
$74,984
Walk: 12.7
Check Another Market
Or estimate costs with the ElderCareCost calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits